An Investigation of Willingness to Pay for Geopark Management and Conservation: A Case Study of Geotourists in the Greater China Region
Abstract
:1. Introduction
2. Literature Review
2.1. Geopark and Geotourism in the Greater China Region
2.2. Willingness to Pay (WTP)
2.3. Determinants of Willingness to Pay
3. Methodology
3.1. Study Sites
3.2. Questionnaire Design
3.3. Questionnaire Survey and Data Analysis
4. Results
4.1. Sociodemographic Characteristics
4.2. Willingness to Pay for Geopark Management and Conservation
4.3. Place Attachment and Satisfaction of Geotourists
4.4. Association between Geotourists’ Willingness to Pay and Demographic Variables, Place Attachment, and Satisfaction
5. Discussion
5.1. Characteristics of Geotourists’ WTP in the Greater China Region
5.2. Predictors of Willingness to Pay
5.3. Management Implications
6. Conclusions
Author Contributions
Funding
Institutional Review Board Statement
Informed Consent Statement
Data Availability Statement
Conflicts of Interest
References
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HKGP | YLGP | DXGP | Overall | |||||
---|---|---|---|---|---|---|---|---|
Frequency | % | Frequency | % | Frequency | % | Frequency | % | |
Gender | ||||||||
Male | 146 | 48.3 | 132 | 47.3 | 143 | 48.0 | 421 | 47.9 |
Female | 156 | 51.7 | 147 | 52.7 | 155 | 52.0 | 458 | 52.1 |
Age | ||||||||
18–25 | 74 | 24.5 | 92 | 33.0 | 141 | 47.6 | 307 | 35.0 |
26–35 | 114 | 37.7 | 65 | 23.3 | 88 | 29.7 | 267 | 30.4 |
36–45 | 60 | 19.9 | 60 | 21.5 | 31 | 10.5 | 151 | 17.2 |
46–55 | 37 | 12.3 | 35 | 12.5 | 25 | 8.4 | 97 | 11.0 |
56–65 | 15 | 5.0 | 20 | 7.2 | 6 | 2.0 | 41 | 4.7 |
Over 65 | 2 | 0.7 | 7 | 2.5 | 5 | 1.7 | 14 | 1.6 |
Educational background | ||||||||
Primary school | 4 | 1.3 | 2 | 0.7 | 7 | 2.4 | 13 | 1.5 |
Secondary school | 42 | 13.9 | 52 | 18.7 | 26 | 8.8 | 120 | 13.7 |
Post-secondary | 71 | 23.5 | 72 | 25.9 | 67 | 22.8 | 210 | 24.0 |
Undergraduate | 146 | 48.3 | 108 | 38.8 | 167 | 56.8 | 421 | 48.2 |
Postgraduate & above | 39 | 12.9 | 44 | 15.8 | 27 | 9.2 | 110 | 12.6 |
Monthly income | ||||||||
No salary | 77 | 25.5 | 99 | 37.4 | 109 | 36.8 | 285 | 33.0 |
Low level | 50 | 16.6 | 31 | 11.7 | 40 | 13.5 | 121 | 14.0 |
Middle level | 89 | 29.4 | 45 | 17 | 57 | 19.3 | 191 | 22.1 |
High level | 86 | 28.5 | 90 | 34 | 90 | 30.4 | 266 | 30.8 |
Construct | Studied Site | Mean | Std. Deviation | F | Sig |
---|---|---|---|---|---|
WTP (in USD) | HKGP | 13.67 | 28.09 | 10.796 1 | 0.000 *** |
YLGP | 49.92 | 148.89 | |||
DXGP | 11.76 | 50.09 | |||
Place attachment | HKGP | 3.59 | 0.55 | 0.141 2 | 0.869 |
YLGP | 3.61 | 0.60 | |||
DXGP | 3.58 | 0.69 | |||
Satisfaction | HKGP | 3.68 | 0.59 | 21.808 2 | 0.000 *** |
YLGP | 4.01 | 0.62 | |||
DXGP | 3.85 | 0.71 |
Statement | Overall (%) | HKGP (%) | YLGP (%) | DXGP (%) | |
---|---|---|---|---|---|
1 | This environment should be publicly owned, I don’t think we need to pay. | 32.3 | 52.1 | 23.6 | 16.5 |
2 | I don’t think this geopark is worth paying for a visit. | 9.1 | 9.1 | 20.0 | 4.1 |
3 | The government should pay for us. | 25.9 | 33.9 | 23.6 | 19.0 |
4 | I don’t want to pay because the admission ticket is unacceptably expensive. | 27.6 | 4.1 | 21.8 | 53.7 |
5 | Other reasons | 5.1 | 0.8 | 10.9 | 6.6 |
Willingness to Pay | Willingness to Pay (in USD) | |
---|---|---|
Demographic variables | ||
Gender | −0.016 | −0.016 |
Age | 0.035 | 0.08 |
Educational background | 0.074 ** | 0.088 ** |
Monthly income | 0.094 ** | 0.052 |
Place attachment | 0.133 ** | 0.112 ** |
Satisfaction | 0.138 ** | 0.105 ** |
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Fang, W.; Gou, G.R.; Cheung, L.T.O.; Fok, L.; Chow, A.S.Y.; Zhang, K. An Investigation of Willingness to Pay for Geopark Management and Conservation: A Case Study of Geotourists in the Greater China Region. Resources 2024, 13, 24. https://doi.org/10.3390/resources13020024
Fang W, Gou GR, Cheung LTO, Fok L, Chow ASY, Zhang K. An Investigation of Willingness to Pay for Geopark Management and Conservation: A Case Study of Geotourists in the Greater China Region. Resources. 2024; 13(2):24. https://doi.org/10.3390/resources13020024
Chicago/Turabian StyleFang, Wei, Gloria Rui Gou, Lewis T. O. Cheung, Lincoln Fok, Alice S. Y. Chow, and Ke Zhang. 2024. "An Investigation of Willingness to Pay for Geopark Management and Conservation: A Case Study of Geotourists in the Greater China Region" Resources 13, no. 2: 24. https://doi.org/10.3390/resources13020024
APA StyleFang, W., Gou, G. R., Cheung, L. T. O., Fok, L., Chow, A. S. Y., & Zhang, K. (2024). An Investigation of Willingness to Pay for Geopark Management and Conservation: A Case Study of Geotourists in the Greater China Region. Resources, 13(2), 24. https://doi.org/10.3390/resources13020024